Bitcoin breaks $55k again as JP Morgan changes tune
Crypto at a glance
Bitcoin saw its fourth straight daily gain yesterday, as the largest cryptocurrency climbed briefly past $55,000 late in the day.
A stumble overnight saw the price fall as much as 2.1% back down to $53,500, though normal service was swiftly resumed and it’s again changing hands at around $55,000 at time of writing. Can Bitcoin now test the record high it set last month?
It seems everyone is coming round to the idea of Bitcoin at the moment. Even long-time crypto sceptic and America’s largest bank, JPMorgan Chase is looking to join the party.